Here we can see price how the candlesticks
are changing as price approaches the bullish trendline
. These spinning top
formations indicate buyers are moving into the market. Some traders may wait until price fully touches the trendline
or the 71% retracement in order to take the trade but we can see that this area is also acting as a resistance (even though it has been depleted) for A. This coupled with price approaching the medium level demand zone
(green box) could bring about the confidence for a trader to make the trade early.